Thread: Uber.... Pls explain.
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ozone ozone is online now
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Join Date: Dec 2012
Location: Dallas, TX
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Quote:
Originally Posted by cmccuist View Post
Not sure how they are losing so much money. What is their overhead?

Uber Loses at Least $1.2 Billion in First Half of 2016 - Bloomberg
They are investing heavily into R&D, hence the posted losses.
Old 08-27-2016, 09:41 PM
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